Following the Spending Review 2010 George Osborne’s four year plan (2011/12-2014/15) aims to cut public sector spending by a substantial £81 billion. During 2008/9 a third of the income obtained by the charity sector was received from government funding. This is set to dramatically change with expected severe hits of up to £4.5 billion to their funding.

The areas of greatest significance to the charity sector will include:

* A reduction in revenue grants to local authorities by 26% over the period.
* Social housing funding cuts by 60%.
* Local Government reduced by 27%.
* Culture, media and sport reduced by 24%.

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